Pennsylvania Statutes Title 40 P.S. Insurance § 1001. Companies which may transact business outside country; exceptions; policyholders' surplus
Current as of January 01, 2022 | Updated by FindLaw Staff
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Domestic stock and mutual insurance companies, other than life, may transact outside of the United States, its territories and possessions, any and all forms of insurance or reinsurance, other than life insurance or annuities, on risks outside of the United States, its territories and possessions, provided that any such company shall maintain a minimum policyholders' surplus of two million dollars ($2,000,000.00).
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 1001. Companies which may transact business outside country; exceptions; policyholders' surplus - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-1001.html
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